Skydance Corporation
US media company controlled by Larry and David Ellison
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Skydance Corporation, formerly Paramount Skydance, is an American media company formed when Skydance Media merged with Paramount Global in August 2025. It took its current name when it completed its acquisition of Warner Bros. Discovery on 6 October 2026, and owns CBS News and CNN.Sources:1Wikipedia: Paramount Skydance, Wikipedia (source, opens in a new tab)
The Ellison family holds 47.2% of its shares and 77.5% of voting control; RedBird Capital, Saudi Arabia's Public Investment Fund, L'imad and the Qatar Investment Authority hold minority stakes. David Ellison is chairman and CEO, with Ynon Kreiz as co-CEO.Sources:1Wikipedia: Paramount Skydance, Wikipedia (source, opens in a new tab)
People
- Bari WeissEditor-in-chief of CBS NewsEditor-in-chief of CBS News; founder of The Free Press
- David EllisonChairman and CEOChairman and CEO of Skydance Corporation
- Larry EllisonLargest shareholder through the family trustOracle co-founder; holds a controlling stake in Skydance
- Mark ThompsonHead of CNN Worldwide, reporting to the co-CEOsChairman and CEO of CNN; former BBC director-general
Connections
- CBS NewsOwner of CBS News: Parent company (formerly Paramount Skydance); the Ellison family holds 47.2% of shares and 77.5% of voting control
- CNNOwner of CNN: Parent company (formerly Paramount Skydance) since it bought Warner Bros. Discovery on 6 October 2026; the Ellison family holds 47.2% of shares and 77.5% of voting control
Sources
- 1